BP faces fierce new criticism from motorists groups today as it announced a record profit of £5.58 billion for the six months to 30 June. The company says higher margins on oil refining rather ...
LONDON (Reuters) - BP reported on Tuesday a profit of $12.8 billion in 2021, the highest in eight years, as natural gas and oil prices soared and the global economy recovered from the pandemic slump.
The counter-intuitive fossil fuel boom under Biden reflects an awkward truth for his supporters and detractors alike ahead of ...
Energy giant BP has reported its second highest annual profit in a decade, despite it being half the level it announced in the previous year. Profits were $13.8bn (£11bn) in 2023, down from the record ...
BP has announced that its annual profits for 2023 were halved due to ... The oil giant reported profits of £11 billion, a 50% drop from the record £22.1 billion in 2022 when oil prices soared ...
BP increased its buyback and posted higher-than-expected annual profit, joining other oil-and ... although results still dropped from the prior-year’s record highs. The British energy major ...
Reflecting lower oil prices and refining margins last year, BP revealed Tuesday that underlying profit excluding exceptional items halved to $13.8 billion. That compared with a record $27.7 ...
BP, for instance, booked a profit of $13.83 ... Exxon, for instance, reported its second-highest profit on record for 2023, at $36 billion. Chevron posted a profit of $21.37 billion for the ...
In 2023, BP made a full year profit of $13.8bn (£10.7bn), down from a record $27.7bn in 2022, when oil prices soared as a result of economies recovering from the coronavirus pandemic and Russia's ...
LONDON (AP) — Oil and natural gas giant BP beat expectations on Tuesday with earnings of $3 billion in the last three months of 2023, bringing last year’s total to half its record 2022 profit ...
See our latest analysis for BP Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from ...